I appreciate your perspective, jhuichen2012. It sounds like a good time to go all-in, for traders who subscribe to this flavor of technical analysis.
For a fundamentalist investor, I suspect the bottom is still a couple of months away. The worst corporate conditions took place in 2022Q4. Assuming those conditions are over, and I do, those problems will be reflected in Q4 reporting which will take place before March 1.
We may have a situation where knee-jerk reactionaries create high value in response to Q4 earnings. Time will tell.
Personally, I haven't sold a single share because of this or any other market trend. If I respect corporate management, I hang in there with them through thick and thin. Yes, I'm that stubborn. Our portfolio value floats with the market wind. Our ownership status, on the other hand, is rock solid.